SCHEDULE A.

(Section 3.)

FORM OF MEMORANDUM OF ASSOCIATION.

We (insert the name, addition and address of each sub- Schedule A scriber), do hereby express our desire to form an association under the provisions of The Co-Operative Associations Act. The corporate name of the association is to be insert name of association), Limited, and the objects for which the association is to be formed are (insert objects for which association is formed); the number of shares is to be unlimited; and the capital is to consist of shares of (insert amount of shares) each, or of such other amount as shall from time to time be determined by the rules or by-laws of the association. The number of the trustees who shall manage the concerns of the association shall be (insert the number of trustees), and the names of such trustees, until their successors are appointed under the rules or by-laws of the association to be formed, are (insert names), and the name of the place where the head office is situate is (insert name).

Dated the... Witness:

.day of....

[1913(1), c. 12, Schedule A.]

SCHEDULE B.

(Section 18.)

RECEIPT OF ACKNOWLEDGMENT OF PAYMENT OF MORT

GAGE OR OTHER INCUMBRANCE.

I, C.D., the mortgagee (or incumbrancee or assignee as Schedule B the case may be) do acknowledge to have received all the moneys due or to become due under the within mortgage (or incumbrance, as the case may be) and that the same is wholly discharged.

In witness whereof I have hereunto subscribed my name
this...
.. day of.....

Signed by the above named
C.D., in the presence of

19. . . .

(Signature.)

[1913(1), c. 12, Schedule B.]

Schedule C

SCHEDULE C.

(Section 19.)

FORM OF BOND.

Know all men by these presents, that we, A.B., of..
one of the officers of the.

Association, Limited, established at.

the district of.

and C.D., of.

in

in the Province of Alberta, (as surety on behalf of the

said A.B.) are jointly and severally held and firmly bound to the said association in the sum of...

.. dollars

to be paid to the said association, or its attorney, for which payment well and truly made, to be made, we jointly and severally bind ourselves, and each of us, and each of our heirs, executors, and administrators firmly by these presents.

Sealed with our seals.
Dated the....

day of..

19...

Whereas, the above bounden A.B., has been duly appointed to the office of . . . . ..of the.

association, established as aforesaid, and he together with the above bounden C.D., as his surety, have entered into the above written bond, subject to the condition hereinafter contained: Now, therefore, the condition of the above written bond is such that if the said A.B. doth render a just and true account of all moneys received and paid by him on account of the said association, at such times as the rules or by-laws thereof appoint, and doth pay over all the moneys remaining in his hands, and assign and transfer or deliver all property (including books and papers) belonging to the said association in his hands or custody to such person or persons as the said association or the trustees thereof appoint, according to the rules or by-laws of the said association, then the above written bond shall be void, otherwise it shall remain in full force.

In witness whereof we have hereunto set our hands and seals this. day of... . 19. . . .

Signed, sealed and delivered,

in the presence of

[1913(1), c. 12, Schedule C.]

SCHEDULE D.

(Section 3(7).)

TABLE OF FEES TO BE PAID TO THE REGISTRAR UNDER

THIS ACT.

Filing application for registration..

Registrar filing by-laws or rules, or amended by-laws

.$10.00

Advertising Certificate, Schedule A, in Gazette, four

weeks..

10.00

Preparing a set of Rules or By-laws for any proposed association..

10.00

[1913(1), c. 12, Schedule E.]

Short title

HIS

CHAPTER 161.

An Act respecting Co-operative Credit.

IS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows:

Short Title.

1. This Act may be cited as "The Alberta Co-operative Credit Act." [1917, c. 11, s. 1.]

Interpretation.

Definitions

Extramunicipal area

Lender

Municipality

Provision for organization

Petition

Contents of petition

2. In this Act, unless the context otherwise requires,-
(a) "Extra-municipal area" shall mean all that part
of the Province which is not included in a muni-
cipality;

(b) "Lender" shall mean any chartered bank, financial
corporation authorized to do business in the
Province, firm or person loaning money to sub-
scribers through a co-operative credit society;
(c) "Municipality" shall mean a city, town, village, or
municipal district.

[1917, c. 11, s. 2; 1920, c. 17, s. 1; 1921, c. 35, s. 1.]

Organization.

3. The Lieutenant Governor in Council may authorize the organization of co-operative credit societies in the Province for the purposes and with the powers hereinafter set out. [1917, c. 11, s. 3.]

4. (1) The organization of such societies may be initiated by a petition which may consist of one or more parts in form A in the schedule hereto, or to the like effect, signed by not less than fifteen farmers or persons engaged, or agreeing to engage within one year, in farming operations of the kinds hereinafter referred to, who subscribe for stock in the proposed society at par value to the amount of not less than one thousand five hundred dollars, upon which not less than twenty per cent. has been paid in cash and the balance secured by the subscriber's promissory note payable to the society, according to the tenor thereof, with interest at six per cent. per annum.

(2) The petition shall be addressed to the Provincial Treasurer and shall set out

(a) the names of the petitioners, their respective addresses and occupations, the lands owned or

occupied by each or intended to be used for the
purpose of this Act and the amount agreed to be
subscribed by each of them to the capital of the
proposed society, which amount shall be not
less than one hundred dollars;

(b) that the petitioners are desirous of organizing a
co-operative credit society within the Province
for the purposes and with the powers conferred
by this Act;

(c) the location of the chief place of business of the
society, and if outside the limits of a city, town
or village stating section, township and range;
(d) the name of the proposed society;

(e) the amount of the capital stock and the number
of shares into which such stock is divided and the
amount paid in cash on account of each sub-
scription;

(f) the names of four of the subscribers who shall
be provisional directors of the society;

(g) the name of a person whom the petitioners nominate to act as secretary-treasurer of the society until the organization has been completedand the petition or each part thereof shall be accompanied by a statutory declaration of one of the petitioners verifying the facts set out in such petition and the signatures thereto.

subscribers

(3) Twenty per cent. of the par value of the stock sub- Payments by scribed for by an original subscriber shall be paid in cash prior to the first day of January next but one following the date of the incorporation of the society and a further sum of twenty per cent. of the value of the said stock shall be paid prior to the first day of January next following such last mentioned first day of January and so in each successive year until the full value of the said stock has been paid to the society.

[1917, c. 11, s. 4; 1919, c. 4, s. 43(1); 1920, c. 17, s. 2; 1921, c. 35, s. 2; 1922, c. 51, s. 1.]

members

5. (1) A society incorporated hereunder may consist Residence of wholly either of members resident—

(a) in a municipality or municipalities; or

(b) in the extra-municipal area,

or may consist of members some of whom reside in a municipality or municipalities and the others in the extra-municipal area.

(2) Notwithstanding any other provisions of this Act, Minimum any resident of the extra-municipal area becoming a member for resident of of any such society shall subscribe for stock to the amount area of one hundred and fifty dollars.

[1922, c. 51, s. 2.]

extra-municipal